Baywind Condos-6-pack turnkey Clearlake Multi-Family FOR SALE


Houston, TX - Clear Lake
$599,000 USD
832-659-7339
, Houston, TX for Sale
$599,000 USD
Multi-Family - FOR SALE
1/17
null | 5.3% Cap Rate

Baywind Condos-6-pack turnkey Clearlake
Houston, TX
Clear Lake


HIGHLIGHTS

  • Stabilized portfolio
  • Renovated units
  • High demand area

OVERVIEW

Turnkey 6-Unit Investment Opportunity in Houston’s Baywind Condos A rare multifamily investment package featuring six leased condo units in Baywind Condos, a well-maintained community with consistent rental demand near Clear Lake and the Houston Medical Center. - $72,000 in annual rental income with upside potential (market rent projection: $78,000/year) - Diverse unit mix: (3) 1-bedroom units & (3) 2-bedroom townhome-style units - Strong NOI growth: Projected cap rate increase from 5.33% to 6.34% - Recent renovations & upgrades: Several units fully updated between 2018-2024 - Long-term tenants & stable occupancy This stabilized portfolio is perfect for investors seeking a cash-flowing asset with value-add potential in a prime rental location. Contact me for financials & full details! I have a rent roll and expense chart detailing all six units, available for you to present to your clients. Please request via e-mail to luisger.lopez@compass.com

ASK ABOUT THIS PROPERTY

Luis G. LopezCoolProperties GroupMore Info
832-659-7339

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Luis G. LopezCoolProperties GroupMore Info
832-659-7339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.